German inflation slips in FebruaryFriday 14 March 2014 18.04
The rate of inflation in Germany, Europe's biggest economy, inched lower in February, official final data showed today.
The cost of living rose by 1.2% on a 12-month basis in February, compared with 1.3% in January, the federal statistics office Destatis said in a statement.
Using the Harmonised Index of Consumer Prices (HICP), the European Central Bank's inflation yardstick, inflation in Germany stood at 1% in February, down from 1.2% in January.
The ECB defines price stability as increases in the harmonised index of close to but just below 2%. The final data confirm a preliminary estimate published on February 27.